LED industry shuffle accelerates Guangdong enterprises still lead the way

LED companies have announced their 2014 annual reports. As of April 9, 26 of the 53 A-share A-share companies in China have disclosed their annual reports.

Of these 26 companies, more than 70% achieved net profit growth last year, and the overall industry is maintaining a steady pace and rolling forward.

In an interview with reporters, Zhang Xiaofei, the authoritative expert on LED development in China, said in an interview: “The profits of LEDs are better than those of the previous two years. The market share of enterprises is increasing and will enter in the future. A steady growth period."

After years of capital integration, the LED industry has intensified its reshuffle and the industry has developed relatively maturely, and the government subsidies seem to be declining year by year, especially for LED companies in Guangdong Province. However, the industry expects that the global LED lighting market will continue to grow by more than 20% in 2015 and continue to grow at a high rate.

Guangdong enterprises are still leading the trend <br> <br> shuffle through channel integration and capital throughout the year, Qi Cheng LED companies net profit growth over last year.

The largest increase in net profit was the number of Huacan Optoelectronics (300323.SZ), which was listed for more than two years. The LED chip supply giant surged 1151.01% in net profit last year, turning losses into profits.

Huacan Optoelectronics realized operating income of 706 million yuan, operating profit of 11.6302 million yuan, total profit of 107 million yuan, and net profit of 90.906 million yuan.

In 2014, Huacan Optoelectronics increased its production capacity and sales volume increased significantly. Last year, LED chip production increased by 184.92%, and sales volume increased by 133.81%.

At the same time, the performance of another LED industry giant Lianjian Optoelectronics (300269.SZ) was also quite eye-catching. The net profit increased by 723.60% year-on-year. During the reporting period, the company realized revenue of 970 million yuan, an increase of 65.66% over the same period of the previous year. The net profit was 134 million yuan.

The above net profit surge is the result of the consolidated statement. At the beginning of May last year, time-sharing media was included in the consolidated statements of listed companies, which led to the growth of the revenue of Lianjian Optoelectronics Advertising Industry to 34,345,700 yuan, an increase of 5938% over the same period of the previous year.

This main business is a listed company of LED display, LED small-pitch TV, LED intelligent lighting and LED culture education media. It is good at "differentiation", with high-end LED display applications, in advertising media, stage performances and government and enterprise propaganda. Sub-fields have formed a certain differentiated competitive advantage.

Unlike Huacan Optoelectronics, which is located in Central China, the LED companies in Guangdong are full of flowers. According to public information, the LED industry in Guangdong Province has basically formed an industrial chain from substrate materials, epitaxial wafers, chips, packages to applications.

After years of reshuffle and mergers and acquisitions, there are 31 LED listed companies in Guangdong, including 17 listed companies with LED as the main business, accounting for 68% of the listed companies with LED as the main business. The total market value of 31 LED listed companies in the province exceeded 115 billion yuan.

Located in Shenzhen, the main LED display, LED lighting, Zhou Ming Technology (300232.SZ), last year's net profit also increased, achieving total revenue of 973 million yuan, an increase of 23.8% over the same period last year. The net profit for the year was 80.206 million yuan, a year-on-year increase of 10.90%, of which the net profit attributable to shareholders of listed companies was 60,858,900 yuan, an increase of 84.58%.

In addition, Shenzhen Lehman Optoelectronics (300162.SZ) also showed growth, achieving revenue of 405 million yuan in 2014, an increase of 15.62% over the same period of the previous year, operating profit of 29.1822 million yuan, an increase of 247.23% over the same period of the previous year, attributable to listed companies. The net profit of shareholders was 27.1012 million yuan, an increase of 55.48% over the same period of the previous year.

At the same time, Hongli Optoelectronics (300219.SZ) in Guangzhou posted revenue of 1.018 billion yuan in 2014, an increase of 38.38% over the same period of the previous year. The net profit attributable to shareholders of listed companies was 90.106 million yuan, an increase of 47.62% over the same period of the previous year.

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